Martin A. Asher

Martin A. Asher
  • Adjunct Professor, Finance

Contact Information

  • office Address:

    3620 Locust Walk
    Steinberg Hall - Dietrich Hall 2439
    Philadelphia, PA 19104

Research Interests: antitrust, gender and race wage differentials, income distribution, law and economics

Links: Personal Website

Overview

Education

PhD, University of Pennsylvania, 1986; MA, University of Pennsylvania, 1979; BA, Stanford University, 1977

Recent Consulting

Expert economic testimony in antitrust cases regarding allegations of price fixing and market allocation, including analysis of class certification issues and construction of damages models. Court-appointed expert in largest U.S. gender discrimination damages case. Contract research and evaluation for the Commonwealth of Pennsylvania, Department of Public Welfare.

Career and Recent Professional Awards; Teaching Awards

2000, 2002, 2005, 2008, 2010, and 2014 William G. Whitney Award for Distinguished Undergraduate Teaching in the Associated Faculty, The Wharton School; 2000 Kravis Award for Outstanding Undergraduate Teaching in Economics, Department of Economics, College of Arts and Sciences

Academic Positions Held

Wharton: 1995-present (Director, Research and Scholars Programs 2004-present; Director, Joseph Wharton Scholars Program, 2000-present). University of Pennsylvania: 1997-2000 (Associate Director, Institute for Law and Economics). Visiting appointments: Swarthmore College, Bryn Mawr College. Previous appointment: Villanova University

For more information, go to My Personal Page

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Teaching

Past Courses

  • BEPP212 - ECONOMIC ANALYSIS OF LAW

    This course provides an introduction to the economic analysis of law and legal institutions. Our goal is develop intuitions about the ways law simultaneously shapes and responds to private behavioral incentives. In the first half of the course, we will survey the application of key economic concepts to basic features of the Anglo-American common law of property, contract, and tort. In the second half of the course, we will use the tools developed in our survey to focus in depth on the law of intellectual property.

  • ECON002 - INTRO ECON MACRO

    Introduction to economic analysis and its application. An examination of a market economy to provide an understanding of how the size and composition of national output are determined. Elements of monetary and fiscal policy, international trade, economic development, and comparative economic systems.

  • ECON036 - LAW & ECONOMICS

    The relationship of economic principles to law and the use of economic analysis to study legal problems. Topics will include: property rights and intellectual property; analysis of antitrust and economic analysis of legal decision making. Credit cannot be received for both ECON 036 and 234.

  • ECON199 - INDEPENDENT STUDY

    Individual study and research under the direction of a member of the Economics Department faculty. At a minimum, the student must write a major paper summarizing, unifying, and interpreting the results of the study. This is a one semester, one c.u. course. Please see the department for permission.

  • FNCE101 - MONETARY ECON & GLOB ECO

    This is an intermediate-level course in macroeconomics and the global economy, including topics in monetary and international economics. The goal is to provide a unified framework for understanding macroeconomic events and policy, which govern the global economic environment of business. The course analyzes the determinants and behavior of employment, production, demand and profits; inflation, interest rates, asset prices, and wages; exchange rates and international flows of goods and assets; including the interaction of the real economy with monetary policy and the financial system. The analysis is applied to current events, both in the US and abroad. Students cannot receive credit for taking both FNCE 101 and ECON 102. Wharton students are required to take FNCE 101.

  • FNCE399 - INDEPENDENT STUDY

    Integrates the work of the various courses and familiarizes the student with the tools and techniques of research.

  • FNCE899 - INDEPENDENT STUDY

    Independent Study Projects require extensive independent work and a considerable amount of writing. ISP in Finance are intended to give students the opportunity to study a particular topic in Finance in greater depth than is covered in the curriculum. The application for ISP's should outline a plan of study that requires at least as much work as a typical course in the Finance Department that meets twice a week. Applications for FNCE 899 ISP's will not be accepted after the THIRD WEEK OF THE SEMESTER. ISP's must be supervised by a Standing Faculty member of the Finance Department.

  • LGST212 - ECONOMIC ANALYSIS OF LAW

    This course provides an introduction to the economic analysis of law and legal institutions. Our goal is develop intuitions about the ways law simultaneously shapes and responds to private behavioral incentives. In the first half of the course, we will survey the application of key economic concepts to basic features of the Anglo-American common law of property, contract, and tort. In the second half of the course, we will use the tools developed in our survey to focus in depth on the law of intellectual property.

  • WH 299 - HONORS THESIS

    This seminar takes place over two semesters and provides students with the skills to perform their own research under the guidance of a Wharton faculty member. At the conclusion of the fall semester, students will produce a thesis proposal including literature review, significance of the research, methodology, and exploratory data if relevant. Throughout the fall semester faculty guests from a range of disciplines will present on their research in class, highlighting aspects that are relevant to the work students are engaging in at that point. During the second semester, students will collect and analyze data and write up the results in close collaboration with their faculty mentor. At the end of the spring semester, each student will present their research in a video presentation. Throughout the course, students will work individually, in small groups, and under the mentorship of a Wharton faculty member. The goal is to becomes capable independent researchers who incorporate feedback and critical (self-) analysis to take their research to the next level.

  • WH 399 - HONORS THESIS

    This seminar takes place over two semesters and provides students with the skills to perform their own research under the guidance of a Wharton faculty member. At the conclusion of the fall semester, students will produce a thesis proposal including literature review, significance of the research, methodology, and exploratory data if relevant. Throughout the fall semester faculty guests from a range of disciplines will present on their research in class, highlighting aspects that are relevant to the work students are engaging in at that point. During the second semester, students will collect and analyze data and write up the results in close collaboration with their faculty mentor. At the end of the spring semester, each student will present their research in a video presentation. Throughout the course, students will work individually, in small groups, and under the mentorship of a Wharton faculty member. The goal is to becomes capable independent researchers who incorporate feedback and critical (self-) analysis to take their research to the next level.

Knowledge@Wharton

2020 Startup Challenge: Can You Pick the Winner?

With businesses ranging from curated flower rentals to telemedicine for pets, eight finalist teams battled for $135,000 in cash and services at the recent Penn Wharton Entrepreneurship Startup Showcase.

Knowledge @ Wharton - 2020/06/2
How an ‘Employees First’ Pandemic Response Pays Off

When the coronavirus pandemic began, PriceSmart CEO Sherry Bahrambeygui reset the company’s culture and found more productive ways to get things done. In a recent conversation with Wharton’s Mike Useem, she shared what she has learned.

Knowledge @ Wharton - 2020/06/1
Planning for the Post-COVID-19 Workforce: Four Scenarios

Scenario thinking can help organizations better anticipate and adapt to dramatic changes, increase agility and resilience, and turn uncertainty into advantage, according to the authors of this opinion piece.

Knowledge @ Wharton - 2020/06/1